Labrador Iron Ore Royalty Corp reports results for the quarter ended in March - Earnings Summary

Labrador Iron Ore Royalty

07/05/2021 03:34

* Labrador Iron Ore Royalty Corp  LIF.TO  reported quarterly
adjusted earnings of $1.11​​ per share for the quarter ended
in March. The mean expectation of six analysts for the quarter
was for earnings of $1.27 per share.
* Revenue rose 36.1% to $54.10 million from a year ago​; 
analysts expected $60.85 million.
* Labrador Iron Ore Royalty Corp's reported EPS for the quarter
was $1.11​.
* The mean earnings estimate of analysts had risen by
about 17.8% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* Labrador Iron Ore Royalty Corp shares had risen by 18.1% this
quarter and gained 34.1% so far this year.
* The company reported quarterly net income of $71.33 million.
* Wall Street's median 12-month price target for Labrador Iron
Ore Royalty Corp is $33.75 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 7 at 02:34 a.m. GMT. ​All
figures in US Dollars.​